BIBF receives delegates from Ghana Central Bank

The Bahrain Institute of Banking and Finance (BIBF) received delegates from the Central Bank of Ghana recently led by the Head of Supervision Department Mr. Raymond Amanfu. The Ghanaian delegation attended a customised Islamic Finance MasterClass at the BIBF on the regulatory perspective of introducing Islamic Finance in Ghana.

The delegations attended a customised Masterclass on the implications of introducing Islamic Finance regulations in Ghana and the overview of fundamentals of the micro and macro implications of Islamic Financial regulations from a capital market aspect as well as retail banking.

The BIBF’s Directors. Mrs Solveig Nickolas highlighted the significance of the visit “The Bahrain Institute of Banking and Finance (BIBF) welcomes all aspects of cooperation with the various international delegations, we are delighted to share our knowledge and experience and  transfer our training model in regards to Islamic Finance training to an international audience”.

Dr. Ahmed also said that the BIBF focuses on the core value of Islamic Finance training and development in providing quality programmes.

He pointed out that the Kingdom of Bahrain is one of the most prominent countries in provding quality training and development towards strengthening the work for skills in the Islamic Finance sector. It is important that we serve the growing demand for Islamic Finance professionals, stemming from an industry that is growing 15% per year. There is an international need to develop professionals with skills related to Shari’ah and Finance to better serve market needs and take the industry to its predictable growth”.

Furthermore, the delegates’ led by head of Supervision Mr. Raymond Amanfu, visited Mr. Fahad Yateem, Director of Islamic Institutions Supervision Directorate at the Central Bank of Bahrain to further discuss Islamic Finance supervision. The two parties discussed in detail the challenges and latest trends in Islamic Financial supervision.